Term Loans
Fixed-rate business loans with predictable monthly payments, perfect for long-term investments and growth initiatives.
85%
Approval Rate
5 Days
Avg. Time to Fund
75+
Lender Network
15%
Avg. Savings vs Banks
Overview
Our term loans provide businesses with a lump sum of capital that is repaid over a set period with fixed or variable interest rates. Whether you need to expand operations, purchase inventory, or invest in your company's future, term loans offer the stability and predictability you need to plan ahead with confidence. We work with a network of lenders to secure competitive rates tailored to your business profile. Unlike revolving credit, term loans give you the full amount upfront so you can make large investments immediately. Our underwriting team evaluates your business holistically -- not just your credit score -- to find the best rate and terms available across our lender network.
Key Benefits
Who Is This Ideal For?
- 1Businesses planning major expansions or renovations
- 2Companies looking to invest in new locations
- 3Owners who prefer predictable monthly budgeting
- 4Businesses with strong financials seeking the best rates
- 5Entrepreneurs consolidating short-term debt into a stable payment
Real-World Use Cases
Opening a second retail location with $250,000 for buildout and initial inventory
Purchasing $100,000 in seasonal inventory to prepare for the holiday rush
Hiring and training a new sales team to expand into a new market
Renovating a restaurant to increase seating capacity by 40%
Investing in a new software system to automate operations and reduce costs
Acquiring a complementary business to expand service offerings
Quick Facts
Funding Range
$10,000 - $5,000,000
Funding Speed
3-7 business days
Term Length
1 - 5 years
No obligation. Free consultation.
Upload Documents
Optional -- speed up your application by preparing these documents.
Bank Statements
Last 3 months of business bank statements
Driver's License
Valid government-issued photo ID
Voided Check
Voided check from your business account
How to Qualify
- 1Minimum 1 year in business
- 2Annual revenue of $100,000+
- 3Credit score of 600+
- 4No open bankruptcies
- 5Active business checking account with consistent deposits
Industries We Serve
The Process
How Term Loans Works
Our streamlined process gets you from application to funded as quickly as possible.
Submit Your Application
Complete our streamlined online application with basic business information. It takes less than 10 minutes and requires no upfront fees.
Receive Matched Offers
Our underwriting team reviews your application and matches you with the best offers from our network of 75+ lenders within 24 hours.
Review & Accept Terms
Compare rates, terms, and repayment schedules side-by-side. Your dedicated advisor walks you through every detail so there are no surprises.
Get Funded
Once you accept an offer, funds are deposited directly into your business account, typically within 3-7 business days.
Get Started
How to Apply
Follow these simple steps to begin your funding journey.
Gather Your Documents
Prepare 3 months of business bank statements, a government-issued ID, and your EIN. For loans over $150,000, have your most recent tax return ready.
Complete the Application
Fill out our secure online application. It takes about 10 minutes. Provide your business details, desired funding amount, and intended use of funds.
Speak with Your Advisor
A dedicated funding advisor will contact you within 24 hours to review your application, discuss your options, and answer any questions.
Receive Your Funds
After accepting your offer and completing verification, funds are deposited directly into your business checking account within 3-7 business days.
Honest Assessment
Pros & Cons
We believe in full transparency. Here is an honest look at the advantages and limitations.
Advantages
- Predictable monthly payments simplify cash flow planning
- Lower interest rates compared to most short-term products
- Large lump sum available upfront for big investments
- Builds business credit profile over time
- No revenue-sharing or equity dilution
Considerations
- Requires stronger credit profile than some alternatives
- Less flexible than a revolving line of credit
- May require collateral for the best rates
- Longer approval timeline than MCA products
Common Questions
Term Loans FAQ
Get answers to the most frequently asked questions about this funding product.